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Cost of materials $28 per unit, rent $60,000, selling price $85 per unit, cost of labor per unit $18, salaries $175,000. Calculate the Labor Cost as a percentage of Sales Revenue for 1500 units.

Cost of materials $28 per unit, rent $60,000, selling price $85 per unit, cost of labor per unit $18, salaries $175,000. Calculate the Labor Cost as a percentage of Sales Revenue for 1500 units.

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 38E: Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month:...
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Calculate the labour cost as a percentage?? General accounting

Cost of materials $28 per unit, rent $60,000, selling price $85 per unit, cost of labor per unit $18, salaries $175,000. Calculate the Labor Cost as a percentage of Sales Revenue for 1500 units.
Transcribed Image Text:Cost of materials $28 per unit, rent $60,000, selling price $85 per unit, cost of labor per unit $18, salaries $175,000. Calculate the Labor Cost as a percentage of Sales Revenue for 1500 units.
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